Don't believe in it.SPL up 34% today, I expect as a result of the following announcement.
View attachment 162385
AS a shareholder I should feel really grateful, but I am still well under water.
Mick
@mick Back some years ago on the old forum a good on-line friend to many "Mahail' or as I dubbed him, Lord Mahail" was a constant advocate of this crowd, evening getting some of the stuff sent over from the UK during the Covid epidemic.SPL up 34% today, I expect as a result of the following announcement.
View attachment 162385
AS a shareholder I should feel really grateful, but I am still well under water.
Mick
Biotech firms are like tech startups - they are a gamble.@mick Back some years ago on the old forum a good on-line friend to many "Mahail' or as I dubbed him, Lord Mahail" was a constant advocate of this crowd, evening getting some of the stuff sent over from the UK during the Covid epidemic.
Several of us were believers at that time, but as time wore so did my belief and a sale was garnished at a considerable loss.
No longer a holder or even have it on the Watch List
Mine wasn't a King's Ransome but enough to put a dent in the piggy bankBiotech firms are like tech startups - they are a gamble.
I lost on this one.
Fortunately, had only a small amount gambled, so the losses won't kill me.
mick
If there is any consolation to you...me too loss heaps n 2 grandkids still have them in the portfolio. I didn't want to cull them. It's to show sheet do hit. Not everyone is a winnerMine wasn't a King's Ransome but enough to put a dent in the piggy bank
Evening Rabbito I often wonder if Mahail is still on board and if so is he still a holder of those many thousands of SPLIf there is any consolation to you...me too loss heaps n 2 grandkids still have them in the portfolio. I didn't want to cull them. It's to show sheet do hit. Not everyone is a winner
Good morning farmerge,Evening Rabbito I often wonder if Mahail is still on board and if so is he still a holder of those many thousands of SPL
Been there with SPL and learnt a valuable lesson ie how to depart with a lot less dollars then when started. This was some years ago.Has SPL finally managed to find the base? Was 14c a few days ago but now up to 17c.
Don't own.
@Knobby22 Back in the commsec days me with several others were firm believers in this mob. One in particular was my old mate Mahail, who posted reams on them but as you have suggested the CEO at the time was a dud, a piece of drift wood. I would hope that a resurgence in its SP does happen, but not to forsake me with my pick.A yearly pick,
Starpharma is 17c and has fallen a lot! Use to own and did OK at the time.
The previous CEO was too much of a wimp and signed dud deals. I am hoping the new CEO will turn this around.
There is a lot of potential upsides if he can get into positive EPS territory but it is a bit of an ask.
I still don't own which probably says a bit of my lack of confidence but if this does turn around then it could triple, winning me the comp, so going for it. Definitely my riskiest pick, could easily end up halving.
Did hold once but grew extremely tired of seeing virtually nothing happeningStill drifting along. Knows how to stay alive and seems to always be getting money from deals and government but is yet to show its ability to make a profit.
Hoping as a yearly pick something good will happen. There are a couple of good things that could happen this year. Don't own.
Looks like a water slide
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